Shares of LG Display Co Ltd. (NYSE:LPL) have been given an average recommendation of “Hold” by the nine ratings firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $16.00.
LPL has been the subject of a number of analyst reports. Cowen set a $16.00 price objective on shares of LG Display and gave the company a “buy” rating in a research report on Monday, October 23rd. Nomura reissued a “neutral” rating on shares of LG Display in a research report on Thursday, October 19th. Zacks Investment Research raised shares of LG Display from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Wednesday, December 27th. CLSA raised shares of LG Display from an “underperform” rating to an “outperform” rating in a research report on Tuesday, January 23rd. Finally, Morgan Stanley raised shares of LG Display from an “underweight” rating to an “overweight” rating in a research report on Tuesday, January 23rd.
LG Display (NYSE LPL) opened at $13.75 on Tuesday. The firm has a market cap of $9,890.06, a price-to-earnings ratio of 6.06, a P/E/G ratio of 0.80 and a beta of 0.62. LG Display has a 12-month low of $11.91 and a 12-month high of $17.05. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.40 and a quick ratio of 1.07.
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About LG Display
LG Display Co, Ltd. manufactures thin-film transistor liquid crystal display, organic light emitting diode and other display panel technologies. The Company manufactures display panels in a range of sizes and specifications primarily for use in televisions, notebook computers, desktop monitors, tablet computers and various other applications, including mobile devices.
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